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Comparative Rate of Interest on Fixed Deposits offered by Banks in India. Comparison of Fixed Deposit Interest Rates of Banks in India / Indian Banks Which Bank gives highest rate of interest on fixed deposits ......our answer to all your banking needs |
COMPARE FIXED DEPOSIT INTEREST RATES PAID BY BANKS IN INDIA
| Interest Rates on Fixed Deposits by Various Banks | Tips for Bank Deposits | Tips for TDS on Bank Deposits | Risks in Bank Deposits | Loans on Bank Deposits | Bank Deposits vs. other investments |
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COMPARISON OF FIXED DEPOSIT INTEREST RATES BY INDIAN BANKS (Check Highest Rate of Interest Paid by Banks in India / Maximum Rate of Interest Paid by Indian Banks. Best Fixed Deposit Rates by Banks) Comparing rate of interests of banks in India for last few years indicate that they have been quite volatile. Although in early 2008, these were quite low, but slowly they have gone up but by the end of 2008, these have again started coming down. . There has been very frequent changes by not only foreign banks but also by Public Sector Banks and it becomes extremely difficult to keep updated data. We have below compiled the list of banks and tried to give the appropriate links so that you can directly go to the website of the bank to know the latest interest rates. . It is possible that in some cases the same could not be updated due to non-supply / confirmation of changed details by respective banks. Therefore, it is advised to check up with the respective Bank before final decision is taken up for deposits. (The Interest Rates given on banks sites is usually for the lowest slab of deposits. For deposits above Rs.15 lacs , 1 crore , 2 crores etc., most of the banks have higher rates. Similarly, Senior citizens are offered higher rate of interest by most of the Banks. Thus, it is advisable to check such interest rates on respective sites of the banks.) See the table below to find the best fixed deposit interest rates offered by Banks in India.
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COMPARATIVE TABLE OF FIXED DEPOSIT INTEREST RATES OFFERED BY BANKS IN INDIA
(To See the latest Interest Rates for a Particular Bank click on the link)
(Best fixed deposit interest rate by Indian banks / Best FD Interest Rates offered by Banks in India)
| Name of Bank | Type of Bank | 15 - 29 Days | 30 - 45 days | 46-60 days | 61 -90 days | 91 - 120 days | 120 - 179 days | 180 - 270 days | 271 - 364 days | 1 Year - < 2 years | 2 years - < 3 years | 3 years - < 5years | With effect from |
| ABN -Amro Bank | Foreign Bank | 5.50 | 6.00 | 6.00 | 7.75 | 8.25 | 8.50 | 9.50 | 9.50 | 9.75 | 9.25 | 9.25 | 27-Sep-2008 |
| Allahabad Bank | Public Sector Bank | 4.25 | 4.25 | 5.50 | 5.50 | 6.75 | 6.75 | 7.75 | 8.25 | 8.50 | 8.75 | 8.75 | 15-Jan-2009 |
| Andhra Bank | Public Sector Bank | 4.50 | 4.50 | 5.25 | 5.25 | 6.75 | 6.75 | 7.00 | 7.00 | 8.00 | 8.00 | 8.00 | 1-Feb-2009 |
| Axis Bank | Pvt Sector Bank | 3.00 | 4.00 | 5.00 | 5.00 | 6.50 | 6.50 | 7.00 | 8.00 | 8.55 | 8.25 | 8.00 | 11-Feb-2009 |
| Bank of Baroda | Public Sector Bank | 4.75 | 4.75 | 5.25 | 5.25 | 6.75 | 6.75 | 8.00 | 8.00 | 8.50 | 8.75 | 8.50 | 1-Jan-2009 |
| Bank of India | Public Sector Bank | 4.25 | 4.50 | 6.00 | 6.00 | 6.25 | 6.25 | 7.25 | 7.50 | 8.00 | 8.25 | 8.25 | 19-Jan-2009 |
| Bank of Maharashtra | Public Sector Bank | 4.50 | 4.75 | 5.50 | 5.50 | 7.25 | 7.25 | 7.75 | 8.25 | 8.75 | 8.75 | 8.50 | 19-Jan-2009 |
| Barclays | Foreign Bank | 3.75 | 4.00 | 4.25 | 5.00 | 5.50 | 5.50 | 5.75 | 6.00 | 6.25 | 6.50 | 6.50 | 16-Feb-2009 |
| Canara Bank | Public Sector Bank | 4.25 | 4.25 | 5.50 | 5.50 | 7.00 | 7.00 | 7.50 | 8.00 | 8.75 | 9.00 | 8.50 | 12-Jan-2009 |
| Central Bank of India | Public Sector Bank | 4.75 | 4.75 | 7.00 | 7.00 | 7.50 | 7.50 | 7.75 | 7.75 | 8.75 | 9.00 | 9.00 | 9-Jan-2009 |
| Citi Bank | Foreign Bank | 3.50 | 4.50 | 5.00 | 5.50 | 7.00 | 7.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 9-Feb-2009 |
| City Union Bank | Pvt Sector Bank | 5.50 | 5.50 | 6.00 | 6.00 | 7.25 | 7.25 | 8.75 | 8.75 | 10.00 | 10.25 | 9.50 | 16-Feb-2009 |
| Corporation Bank | Public Sector Bank | 4.00 | 4.25 | 5.00 | 5.50 | 6.25 | 6.25 | 6.75 | 7.00 | 8.25 | 8.25 | 8.25 | 3-Feb-2009 |
| DBS Bank | Foreign Bank | 4.00 | 5.50 | 5.50 | 5.75 | 6.00 | 6.00 | 7.25 | 7.25 | 9.00 | 7.50 | 8.25 | 16-Feb-2009 |
| Dena Bank | Public Sector Bank | 4.25 | 4.75 | 5.25 | 5.25 | 7.00 | 7.25 | 7.75 | 8.25 | 8.75 | 8.75 | 8.50 | 19-Jan-2009 |
| Development Credit Bank | Pvt Sector Bank | 6.00 | 6.00 | 7.00 | 7.00 | 8.00 | 8.00 | 9.00 | 9.00 | 10.25 | 10.25 | 9.00 | 10-Feb-2009 |
| HDFC Bank | Pvt Sector Bank | 3.50 | 4.00 | 4.50 | 5.00 | 5.50 | 5.50 | 7.00 | 7.75 | 8.00 | 8.00 | 8.00 | 12-Jan-2009 |
| ICICI Bank | Pvt Sector Bank | 3.75 | 4.00 | 4.00 | 4.00 | 6.25 | 6.25 | 7.25 | 8.00 | 8.25 | 8.25 | 8.25 | 19-Jan-2009 |
| IDBI Bank Limited | Public Sector Bank | 5.00 | 5.00 | 5.50 | 5.50 | 6.75 | 6.75 | 8.00 | 8.00 | 9.00 | 9.00 | 8.75 | 1-Jan-2009 |
| Indian Bank | Public Sector Bank | 3.75 | 4.00 | 5.00 | 5.00 | 6.00 | 6.00 | 7.25 | 7.50 | 8.00 | 8.00 | 8.00 | 2-Feb-2009 |
| Indian Overseas Bank | Public Sector Bank | 4.25 | 4.75 | 5.00 | 5.00 | 6.00 | 6.50 | 7.50 | 7.75 | 8.00 | 8.50 | 8.00 | 2-Feb-2009 |
| IndusInd Bank | Pvt Sector Bank | 5.50 | 6.00 | 6.00 | 6.50 | 7.55 | 7.55 | 8.00 | 8.75 | 9.10 | 9.10 | 9.50 | 7-Jan-2009 |
| ING Vysya Bank | Pvt Sector Bank | 5.00 | 5.50 | 5.50 | 7.00 | 8.00 | 8.00 | 8.00 | 8.00 | 9.00 | 8.50 | 8.50 | 6-Feb-2009 |
| Karnataka Bank | Pvt Sector Bank | 4.50 | 4.50 | 5.50 | 5.50 | 7.50 | 7.50 | 8.50 | 8.50 | 9.00 | 9.00 | 9.50 | 12-Jan-2009 |
| Kotak Bank | Pvt Sector Bank | 3.50 | 4.00 | 5.00 | 5.00 | 6.00 | 6.00 | 7.00 | 7.50 | 8.00 | 8.00 | 8.00 | 10-Feb-2009 |
| Oriental Bank of Commerce | Public Sector Bank | 4.25 | 4.75 | 6.00 | 6.00 | 7.00 | 7.75 | 7.75 | 8.00 | 8.75 | 8.75 | 8.50 | 12-Jan-2009 |
| Punjab & Sind Bank | Public Sector Bank | 4.00 | 4.00 | 4.00 | 5.50 | 7.50 | 7.50 | 7.50 | 7.50 | 8.50 | 8.00 | 8.00 | 16-Jan-2009 |
| Punjab National Bank | Public Sector Bank | 4.00 | 4.00 | 5.50 | 5.50 | 5.50 | 5.50 | 7.50 | 7.50 | 8.00 | 8.00 | 8.00 | 1-Feb-2009 |
| Standard Chartered Bank | Foreign Bank | 4.00 | 4.50 | 4.50 | 5.75 | 6.50 | 6.50 | 6.75 | 6.75 | 7.00 | 7.00 | 7.25 | 30-Jan-2009 |
| State Bank Of Bikaner & Jaipur | Public Sector Bank | 4.50 | 4.50 | 5.50 | 5.50 | 6.75 | 6.75 | 7.50 | 7.50 | 9.00 | 9.25 | 8.50 | 1-Jan-2009 |
| State Bank of Hyderabad | Public Sector Bank | 4.50 | 4.50 | 5.25 | 5.25 | 7.00 | 7.00 | 7.50 | 7.50 | 8.75 | 8.75 | 8.50 | 5-Jan-2009 |
| State Bank of India | Public Sector Bank | 4.25 | 4.25 | 5.25 | 5.25 | 6.50 | 6.50 | 7.25 | 7.25 | 8.50 | 8.75 | 8.50 | 1-Jan-2009 |
| State Bank of Mysore | Public Sector Bank | 4.75 | 4.75 | 5.50 | 5.50 | 7.25 | 7.25 | 8.00 | 8.00 | 8.75 | 9.00 | 8.75 | 15-Jan-2009 |
| State Bank of Patiala | Public Sector Bank | 4.75 | 4.75 | 5.25 | 5.25 | 7.00 | 7.00 | 8.50 | 8.50 | 10.00 | 9.50 | 9.25 | 12-Jan-2009 |
| State Bank of Travancore | Public Sector Bank | 4.25 | 4.25 | 5.25 | 5.25 | 6.75 | 6.75 | 7.50 | 7.50 | 8.50 | 8.75 | 8.50 | 1-Jan-2009 |
| Syndicate Bank | Public Sector Bank | 3.75 | 4.25 | 5.00 | 5.25 | 6.00 | 6.50 | 7.25 | 7.50 | 8.00 | 8.00 | 8.00 | 16-Feb-2009 |
| Tamilnad Mercantile Bank | Pvt Sector Bank | 5.50 | 5.50 | 7.00 | 7.00 | 7.50 | 7.50 | 8.75 | 8.75 | 10.00 | 10.00 | 9.75 | 16-Feb-2009 |
| The Bank of Nova Scotia | Foreign Bank | 4.75 | 5.75 | 5.75 | 5.75 | 6.75 | 6.75 | 6.75 | 6.75 | 6.75 | 6.75 | 6.75 | 6-Feb-2009 |
| The Bank of Rajasthan Ltd | Pvt Sector Bank | 4.25 | 4.25 | 4.50 | 4.50 | 7.25 | 8.00 | 8.75 | 8.75 | 9.50 | 9.00 | 8.75 | 20-Jan-2009 |
| The Catholic Syrian Bank | Pvt Sector Bank | 5.00 | 5.00 | 5.50 | 5.50 | 7.50 | 7.50 | 8.50 | 8.50 | 10.10 | 9.75 | 9.50 | 5-Jan-2009 |
| The Dhanalakshmi Bank | Pvt Sector Bank | 4.75 | 4.75 | 5.50 | 5.50 | 7.00 | 7.00 | 8.50 | 8.50 | 9.50 | 9.50 | 9.00 | 2-Feb-2009 |
| The Federal Bank | Pvt Sector Bank | 4.50 | 4.50 | 5.50 | 5.50 | 7.00 | 7.00 | 8.00 | 8.00 | 9.00 | 9.00 | 8.75 | 19-Jan-2009 |
| The Hong Kong & Shanghai Bank | Foreign Bank | 3.50 | 4.25 | 5.25 | 5.25 | 5.25 | 5.25 | 5.50 | 8.00 | 8.00 | 7.50 | 7.50 | 16-Feb-2009 |
| The J&K Bank | Pvt Sector Bank | 4.50 | 6.00 | 6.00 | 6.00 | 8.00 | 8.00 | 8.00 | 9.50 | 9.75 | 9.00 | 9.00 | 6-Aug-2008 |
| The Karur Vysya Bank | Pvt Sector Bank | 4.50 | 5.00 | 5.00 | 5.00 | 6.00 | 6.00 | 7.50 | 7.50 | 9.50 | 9.50 | 8.00 | 12-Jan-2009 |
| The Lakshm Vilas Bank | Pvt Sector Bank | 5.00 | 5.50 | 6.00 | 6.00 | 7.50 | 7.50 | 8.50 | 9.00 | 10.25 | 10.50 | 10.00 | 27-Jan-2009 |
| The South Indian Bank | Pvt Sector Bank | 4.50 | 4.50 | 5.50 | 5.50 | 7.00 | 7.00 | 8.00 | 8.00 | 9.00 | 9.00 | 8.75 | 5-Feb-2009 |
| TNSC Bank | Pvt Sector Bank | 4.50 | 5.00 | 6.00 | 6.00 | 6.75 | 6.75 | 8.75 | 8.75 | 10.00 | 9.00 | 8.50 | 6-Sep-2008 |
| UCO Bank | Public Sector Bank | 4.00 | 5.00 | 5.50 | 6.00 | 6.75 | 6.75 | 8.00 | 8.00 | 8.75 | 8.75 | 8.25 | 14-Jan-2009 |
| Union Bank of India | Public Sector Bank | 3.75 | 4.00 | 5.00 | 5.00 | 6.00 | 6.00 | 7.25 | 7.50 | 8.00 | 8.00 | 8.00 | 19-Jan-2009 |
| United Bank Of India (UBI) | Public Sector Bank | 4.00 | 5.00 | 5.50 | 6.00 | 7.00 | 7.00 | 8.00 | 8.00 | 9.00 | 9.00 | 8.50 | 1-Feb-2009 |
| Vijaya Bank | Public Sector Bank | 4.00 | 4.50 | 5.50 | 5.50 | 6.75 | 6.75 | 7.25 | 7.50 | 8.00 | 8.00 | 8.00 | 12-Jan-2009 |
Figures in Blue colour are highest rate offered in that particular deposit period. Moreover, most of the banks offer different interest rates for high value deposits.
